Vertex annual net debt
2019
2020
2021
2022
2023
2024
2025
Vertex Net Debt Growth & History (VERX)
Vertex's net debt was $36.8M for fiscal 2025.
View full Vertex company overviewVertex annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $36.8M | −$19.1M | −34.16% |
| 2024 | 2024-12-31 | $55.8M | $57.0M | — |
| 2023 | 2023-12-31 | −$1.2M | $17.1M | — |
| 2022 | 2022-12-31 | −$18.3M | $26.4M | — |
| 2021 | 2021-12-31 | −$44.7M | $256.1M | — |
| 2020 | 2020-12-31 | −$300.8M | −$277.8M | — |
| 2019 | 2019-12-31 | −$23.1M | — | — |
Vertex quarterly net debt
Q4.19
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $119.4M | $51.9M | +76.92% |
| Q1 2026 | 2026-03-31 | $97.7M | $16.7M | +20.65% |
| Q4 2025 | 2025-12-31 | $36.8M | −$19.1M | −34.16% |
| Q3 2025 | 2025-09-30 | $37.9M | −$35.3M | −48.28% |
| Q2 2025 | 2025-06-30 | $67.5M | $40.6M | +151.14% |
| Q1 2025 | 2025-03-31 | $81.0M | $71.9M | +791.64% |
| Q4 2024 | 2024-12-31 | $55.8M | $57.0M | — |
| Q3 2024 | 2024-09-30 | $73.2M | $53.6M | +272.49% |
| Q2 2024 | 2024-06-30 | $26.9M | −$2.1M | −7.17% |
| Q1 2024 | 2024-03-31 | $9.1M | $5.9M | +181.76% |
| Q4 2023 | 2023-12-31 | −$1.2M | $17.1M | — |
| Q3 2023 | 2023-09-30 | $19.7M | $16.1M | +456.98% |
| Q2 2023 | 2023-06-30 | $29.0M | $35.9M | — |
| Q1 2023 | 2023-03-31 | $3.2M | $22.9M | — |
| Q4 2022 | 2022-12-31 | −$18.3M | $26.4M | — |
| Q3 2022 | 2022-09-30 | $3.5M | $21.2M | — |
| Q2 2022 | 2022-06-30 | −$7.0M | $63.7M | — |
| Q1 2022 | 2022-03-31 | −$19.7M | $226.1M | — |
| Q4 2021 | 2021-12-31 | −$44.7M | $256.1M | — |
| Q3 2021 | 2021-09-30 | −$17.7M | $249.6M | — |
| Q2 2021 | 2021-06-30 | −$70.6M | −$198.0M | — |
| Q1 2021 | 2021-03-31 | −$245.7M | — | — |
| Q4 2020 | 2020-12-31 | −$300.8M | −$277.8M | — |
| Q3 2020 | 2020-09-30 | −$267.3M | — | — |
| Q2 2020 | 2020-06-30 | $127.4M | — | — |
| Q4 2019 | 2019-12-31 | −$23.1M | — | — |
Vertex net debt trends
Over the last five fiscal years, Vertex's net debt increased from −$300.8M to $36.8M, a change of $337.6M. The latest reported quarter, Q2 2026, shows $119.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vertex source filings ↗